Question

__________ is a formula that demonstrates the relationship between Work-In-Process, Throughput, and Process Cycle Time.

A) Little's Law
B) Pareto Principle
C) Moore's Law
D) Murphy's Law

Answer 1

Little's Law is a formula that demonstrates the relationship between Work-In-Process, Throughput, and Process Cycle Time.

Step-by-step explanation:

The formula that demonstrates the relationship between Work-In-Process, Throughput, and Process Cycle Time is Little's Law. Little's Law states that the average number of items in a stable system is equal to the average completion rate multiplied by the average time a item spends in the system. In other words, it shows the relationship between the amount of work in progress, the rate at which work is completed, and the time it takes for work to go through the process.